2023 Form 5500 filing — Fiberoptics Technology, Inc. 401(K) Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240917092718NAL0002578801001) for Fiberoptics Technology, Inc. 401(K) Plan, reported by Fiberoptics Technology, Inc. under EIN 06-0965547 and plan number 001. It reports 155 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$14.1MReported net assets$14,097,452
Participants155
Provider compensation$3.8K1 Schedule C row(s)$3,761
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240917092718NAL0002578801001
Plan sponsor
Fiberoptics Technology, Inc.
EIN
06-0965547
Plan number
001
Location
Pomfret, CT
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$14.1M total assets
Net assets$14.1MLiabilities$0
Money in vs. money out
Total income / additions$3M
Total expenses$601.6K
Benefits paid / distributions$593.2K
Contributions
Employer$123.2K
Participant$581.3K
Full reported line items
Total assets (EOY)
$14,097,452
Total liabilities (EOY)
$0
Net assets (EOY)
$14,097,452
Employer contributions
$123,157
Participant contributions
$581,294
Total income / additions
$2,968,364
Benefits paid
$593,243
Administrative expenses
$8,340
Total expenses
$601,583
Net increase / (decrease)
$2,366,781

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$3,761$0

Related Form 5500 pages